Border to Coast Pensions Partnership publishes on its website:
“Border to Coast Pensions Partnership (“Border to Coast”), one of the largest public sector pension pools in the UK whose assets total c.£45 billion, has launched its Private Credit offering and announced its initial Private Equity and Infrastructure investments. This £1.8bn of commitments over the next 18 months is in addition to the c £15bn of funds already managed by the company.
Border to Coast has now launched its Private Markets offering, a year ahead of schedule to meet emerging Partner Funds needs. It is an important step in making a difference to outcomes for its LGPS Partner Funds by seeking to enhance risk-adjusted, net of fees, returns from Private Market investments.
Border to Coast will be working with high quality managers to build diversified global portfolios over the longer-term. Investments are selected using a robust investment process incorporating principles of responsible investment. As part of its due diligence process, Border to Coast is developing longer-term relationships with key industry participants to enable Partner Funds to collectively benefit from their investments in Private Markets.”